The post Crypto Gems Revealed: Top Altcoins for New Investors appeared first on Coinpedia Fintech News
With the imminent Bitcoin Halving Event on the horizon, the crypto industry is waiting with bated breath to see how the event will affect the market trajectories of altcoins in the second quarter. Meanwhile, experts are already ahead of the curve following in-depth research on which altcoins will see a significant uptrend after the halving event. d
Having undergone the research, experts have listed top altcoins to buy in order to position for the bullish wave that is likely to sweep across the crypto industry post-halving. The coins backed for growth include KangaMoon (KANG), Ethereum (ETH), Litecoin (LTC), Tron (TRX) and Shiba Inu (SHIB). Read on for more insight into these altcoins.
KangaMoon (KANG)
Emerging as an innovative play-to-earn platform, KangaMoon has set the blueprint to ensure its ecosystem is a thriving community of like-minded meme enthusiasts who can earn rewards from playing the immersive games on the platform. Similarly, members can interact with each other through the SocialFi structure, thereby creating one of the largest meme communities on the blockchain.
Still in its presale stage, KangaMoon (KANG) has set itself on a growth trajectory since the start of the year. So far, KangaMoon’s price has surged by 290% in price value, resulting in significant ROIs for early investors of the token. Similarly, KangaMoon’s growth and potential can be seen with the over 6,000 investors who’ve joined the presale.
There are also up to 22,000 meme enthusiasts already registered on the Kangaverse ecosystem. Having showcased significant growth, experts believe the KANG token is likely to see a 700% growth before the end of its presale phase. As such, buying the KANG token at the current price of $0.019 represents one of the best crypto investment decisions of 2024.
Note that members can earn the KANG token by engaging in KangaMoon’s social media campaigns. With KangaMoon, members are presented with a golden opportunity to buy a high-value token at a relatively cheap price. As the bull run approaches, Experts anticipate a 50x rally soon. Don’t hesitate to buy KANG to boost your investment portfolio.
Ethereum (ETH)
As one of the biggest blockchain ecosystems, Ethereum (ETH) has been an integral part of the crypto industry as we know it today. Ethereum is an open-source protocol that utilizes smart contracts to executive on-chain transactions. Notably, the native token of Ethereum is also one of the most valuable tokens in the crypto space. As shown in the market stats, the token is currently trading above the $3,500 mark. Meanwhile, Ethereum has continued its uptrend, aiming to surpass its all-time price high in 2024.
Ethereum will be looking to establish support above the $4,000 mark, having briefly reached that threshold in March. With the imminent halving event, Ethereum is one of the highly anticipated altcoins that will benefit the most from the potential bull trend. As such, Ethereum is one of the top altcoins to buy for growth in April and Q2.
Litecoin (LTC)
Litecoin (LTC) was created based on Bitcoin’s protocol with slight differences in hashing algorithm, transaction speed, Etc. Similar to Bitcoin, Litecoin is designed to provide low-cost, fast, and secure payments on blockchain technology. While the recent price trajectory of Litecoin is showing a decline in its bullish steam, the similarities with Bitcoin are likely to result in a price surge for the token post-halving.
Meanwhile, Litecoin is not entirely on a bear trend, given that price stats show that the token is still on a 9% price gain over the last month. However, the 32% fear index shows that traders harbor little hope for a Litecoin resurgence. Nonetheless, given that Litecoin is the next pure coin after Bitcoin, by that virtue, the token is likely to gain in price value in the coming weeks.
Tron (TRX)
Tron (TRX) is a reputable decentralized operating system that aims to help content creators receive rewards for their efforts on the blockchain. The TRX native token of the Tron network is part of the top altcoins tipped to gain in the crypto market’s upcoming bull run. A look at Tron’s crypto market stats shows that the token is on the verge of a surge, having met a bearish resistance at $0.11 during its initial decline.
With the token on the verge of a significant uptrend and Bitcoin halving around the corner, the stage is set for Tron to witness a sustained bullish sentiment in the market. At the current trajectory, Tron is likely to replicate its 82% year-to-date growth within Q2. As such, Tron has been tipped as one of the altcoins to watch and invest in for potential gains.
Shiba Inu (SHIB)
Shiba Inu (SHIB) has maintained its status as one of the most popular meme coins in the crypto market. Notably, Shiba Inu is a community-led meme coin that has gone viral across the globe, with millions of investors having the token in their portfolios. Meanwhile, the Ethereum-based meme token has undergone notable retracement over the last month. As shown in the market stats, Shiba Inu lost about 20% over the last month.
However, a recent resurgence of 3% growth in the last 7 days suggests that Shiba Inu had met strong resistance at the $0.00002662 mark. In view of this, Shiba Inu is expected to trigger an extended bullish run that will see the token consolidate its trading value. It is worth noting that Shiba Inu has gained over 130% in price value since the start of March. Similarly, there’s a high possibility of the token surging by over 150% in the weeks that’ll follow after Bitcoin’s halving event.
Conclusion
The ripple effect that the halving event will cause is likely to make some investors millionaires. To be part of the benefactors of the event, consider investing in the top altcoins listed above.
Notably, investing in the KangaMoon project will not only return ROIs in the short term but it will also position oneself for the potential price gains when the token potentially becomes a blue-chip crypto project. Remember that these are only opinions and not investment advice. It is necessary to do further research before investing.
Explore the thrilling opportunities available in the KangaMoon (KANG) presale today!
Website: https://KangaMoon.com/
Join Telegram Community: https://t.me/KangaMoonofficial
